Proceedings of the International Conference on Chinese Enterprise Research 2007

Research Papers......Page 16
Conference Highlights Speech by Guest-of-Honour President, Singapore Chinese Chamber of Commerce and Industry Mr. Chua Thian Poh......Page 12
Preface Secretary, Nanyang Technological University, Anthony Teo and Director, Lien Chinese Enterprise Research Centre, Associate Professor Tan Teng-Kee......Page 14
Keynote Speeches......Page 20
Competitiveness of Chinese Enterprises in the Global Era Weiying Zhang......Page 22
China’s Gradual Economic Reform in Light of Income and Wealth Distribution Renwei Zhao......Page 32
Teaching Technopreneurship to Mandarin Classes: Some Early Results Charles Hampden-Turner......Page 40
Session 1 Global Competitiveness for Chinese Companies......Page 48
A Study on the Development of Global Competency Leadership Shuming Zhao......Page 50
Introduction......Page 52
What is Global Competency Leadership?......Page 53
The challenges facing Chinese companies going global......Page 56
The approaches of developing global competency leadership......Page 57
Professional ability training......Page 59
References......Page 60
Beware the Penrose Effect on High-Growth Enterprises: A Study on Controlling the Rate of Enterprise Growth Xiaoming Xu and Yongmei Zhang......Page 64
Penrose Effect during Enterprises Growth Content of Penrose effect......Page 66
Penrose effect infl icts a signifi cant impact on large-scale enterprises......Page 67
Empirical test of Penrose effect......Page 68
The binding effect of management resource......Page 69
The Necessity of Controlling the Growth Rate......Page 70
Maintain a growth rate of management capacity higher than that of expansion......Page 71
Strengthen the construction of the professional managers markets......Page 72
References......Page 73
Labor Relations Under China’s Mixed Economy Tiande Li and Ruiqin Zhang......Page 74
Conflicting labor relations vs harmonious labor relations......Page 76
Status Quo of Labor Relation in China’s Multi-ownership Economy Actions of public-owned and private enterprises tend to be similar......Page 77
Problems of labor relation in China’s mixed ownership economy......Page 78
Reasons of Labor Confl icts in China’s Mixed Economy......Page 79
Ways to Solve Labor Confl ict Problems in Enterprises of China......Page 81
References......Page 85
China’s Strategy in Acquiring Oil, Gas and Other Energy Resources: A Study of Impact on FDI Sikander Khan......Page 86
Introduction......Page 88
Research Methodology......Page 89
China’s current non-renewable energy sources (fossil)......Page 90
The demand for oil in China......Page 91
What measures are taken to energy effi ciency, save energy and develop alternative energy resources?......Page 92
What is China doing internationally to obtain new energy resources and how are these energy resources being transported to China?......Page 93
How is FDI to China affected due to shortage of energy and strategic industrial raw materials?......Page 95
References......Page 97
Glossary......Page 98
Innovations in Cultural Integration: The Experience of Chinese Enterprises in Cross-National Mergers and Acquisitions — A case study of Northeast Hengli Company’s attempts at reducing cultural risks through the forging of a common identity Dongbin Lu......Page 100
Introduction......Page 102
The Status Quo of Researches on Cultural Integration in Cross-national M&A......Page 103
The Selection of Integration Models of Cross-national M&A......Page 107
The Innovation of Hengli on the Cultural Integration in Cross-national M&A......Page 110
Basis of innovation: Risk identifi cation......Page 111
Innovation in way of thinking: Enhancing identifi cation......Page 113
The implementation: Getting a good grasp of procedures......Page 114
Integration of performance: Multi-effects......Page 116
Conclusions and Discussion......Page 118
References......Page 119
The Composition and Role of Family Boards in Chinese Businesses: A Business Cultural Perspective Lin Guo......Page 122
Introduction......Page 123
Board composition and role......Page 124
Family Business Culture and Board Composition and Role......Page 126
Research Design......Page 128
Family culture and board composition......Page 130
Family business culture and board role......Page 131
Conclusions and Implications......Page 134
References......Page 135
Attaining Corporate Competitiveness Through Soft Power Jinfa Xu, Jian Du and Tao Jiang......Page 138
Power and Soft Power......Page 140
Enterprise Soft Power......Page 141
The Mechanism of Soft Power......Page 142
Corporation Soft Power and Competitiveness......Page 143
References......Page 146
A Study on Excessive Competition of Chinese State-Owned Duopoly Enterprises Cases of China Telecom and China Netcom Qingsheng Wu and Rui Bao......Page 148
Introduction......Page 149
Model and Methodology Decision and profi t analysis......Page 150
Analysis for social welfare......Page 154
Discussion about the effectiveness of competition......Page 156
Empirical Analysis......Page 157
Conclusion......Page 158
Reference......Page 159
Competitiveness of China’s Food Exports: An Empirical Analysis Xing Zhou and Yanping Fan (Bruce)......Page 160
Introduction......Page 161
Analysis of statistical indices......Page 162
Gradual worsening agricultural ecological environment, affecting the developmental prospects of the industry......Page 167
International market is encountering “intangible” trade barrier......Page 169
Keeping up with changes in international standards in a timely fashion, advocate for greater use of international standards in technical and environmental issues......Page 170
More R&D investment, raise the overall quality of food products......Page 171
References......Page 172
Session 2 Financial Market and Capital Market......Page 174
Corporate Restructuring Function of Stock Markets: Key Developmental Proprosals for the Chinese Course Yunshi Mao, Sidan Wu and Yuexin Jiang......Page 176
Introduction......Page 178
Corporate Restructuring Function in Chinese Stock Market......Page 179
Innovations of the Stock Market and the Mechanism of FCR Innovations of the stock market in FCR......Page 181
Mechanism of stock market in FCR......Page 182
The superior effi ciency of the stock market in United States drives corporate restructuring......Page 184
The motive of FCR is lacked in Japanese market......Page 187
Enhancing supervision and institutionalization; ensuring proper fi nancing activities on the stock market......Page 189
Uncompromisingly opposing, punishing and eliminating nonessential restructuring......Page 190
Effectively exerting the function of institutional investors in the stock market......Page 191
References......Page 192
An Empirical Study on the Long-term Dynamic Adjustment of Firms’ Capital Structure in China Zhiqiang Wang and Yixun Hong......Page 194
Introduction......Page 195
Methodology......Page 196
Predicting target capital structure......Page 199
Contemporaneous effects test......Page 200
Sustainable effects test......Page 202
Reverse effects test......Page 204
Robustness Test......Page 206
References......Page 207
How Chinese City Commercial Banks May Compete With Overseas Banks Dongsheng Wang......Page 210
Favorable fi nancial position but weak ability to generate profi ts......Page 211
As the service scale expands, the commercial banks are facing pressures to supplement levels of capital......Page 212
The city commercial bank still has lots of problems in management systems, internal control, risk management and so on......Page 213
Staff quality is in need of improvement......Page 214
Promote the fi nancial service innovation; enhance competitive power of the city bank......Page 215
Establish the persistent effect mechanism for the maintenance of capital suffi ciency......Page 216
Establish comprehensive risk management system......Page 217
Strengthen the construction of corporate culture, and establish modern commercial banking management concept step by step......Page 218
Implement scientifi c innovation, enhance technical levels......Page 219
References......Page 220
Released papers......Page 222
The fi rst transformation — city commercial bank rebuilt as city co-operative bank......Page 224
Highly polarized differences between regions......Page 225
Low social prestige......Page 226
Unreasonable stock property structure, imperfect corporation administration, and weaknesses of internal control and risk management......Page 227
Background of Bank Sector Liberalization......Page 229
Current status of the opening up of China’s banking sector......Page 230
Impact on City Commercial Banks from Finance Industry Liberalization......Page 231
Negative impact on commercial banks......Page 232
Push Chinese commercial banks to enhance client resource management......Page 233
Push Chinese commercial banks to pay more attention to talent management......Page 235
Inter-regional development strategy......Page 236
Development of inter-regional strategic choice: the district strategic advantage......Page 237
Re-organization strategy......Page 238
Positioning for the SMEs......Page 239
Brand Strategy......Page 240
The introduction of foreign strategic investors......Page 241
Listing strategies......Page 242
References......Page 243
Session 3 From “Made in China” to “Designed in China”......Page 244
Analysis of Trends in China’s Venture Capital Industry Zhengping Fu and Binbin Li......Page 246
Background......Page 247
Fundraising situation......Page 249
Essential Feature of China’s VC Investment Market Total amount of VC analysis......Page 251
The stage of investment analysis......Page 252
Exit Strategy Analysis......Page 254
Incubation period (1985–1996)......Page 255
Period of substantial growth (1997–2001)......Page 256
Adjustment period (2002–2003)......Page 257
Full recovery fourth period (2004 till present)......Page 258
References......Page 261
Towards a Network Approach: Trends in China’s Logistics Industry Song-Dong Ju and Jie Xu......Page 264
Introduction......Page 265
The Connotation and Features of Logistics Organization Network The connotation of logistics organization network......Page 266
Demand drives the networking of logistics services......Page 267
Logistics resource integration requires networking......Page 268
Case 1: The collaboration of network among the logistics district......Page 270
References......Page 271
Competing in Global Markets: A Case Study on the Wenzhou Shoe-Manufacturing Industry Yongyi Shou and Jie Wang......Page 274
Introduction......Page 275
Wenzhou’s Manufacturing Industries......Page 276
Wenzhou Shoe Manufacturing Industry......Page 277
Typical Examples of Wenzhou Shoe Manufacturing......Page 279
Analysis and Discussion......Page 281
References......Page 282
A Business Model for Knowledge-Based Service Enterprises in China: The Case Study of Kunshan Joseph Z Shyu, Jou-Chen Chen and Chia-Han Yang......Page 284
Introduction......Page 285
Definition of KIBS......Page 286
Development of BPO......Page 288
Concept of institute for technology commercialization......Page 289
Development of KIBS in China Economic evolution in China......Page 291
Industrial Development in Kunshan City......Page 293
Management of KITC......Page 295
Implementation of KITC......Page 297
References......Page 299
Introduction......Page 302
Literature on Rationales and Impact of R&D Collaborations Rationales of R&D collaborations......Page 304
Impact of R&D collaborations......Page 306
R&D Collaborations in China: Rationales and Impact Increasing foreign competition......Page 307
Division of innovative labor and organizational learning......Page 309
Relationship between rationales and strategies......Page 311
Data and Methods Data......Page 313
Dependent variables......Page 314
Independent variables......Page 315
Control variables......Page 316
Model specification......Page 317
Statistical Results Descriptive Statistics......Page 319
Rationales for R&D Collaborations......Page 320
The Impact of R&D Collaboration on R&D Performance......Page 325
Discussion and conclusion......Page 327
References......Page 329
Innovation Dilemmas of Science-Park Based Chinese University Spin-Outs (USO): A Pilot Case Study Joseph Yuan Zhou......Page 332
Introduction......Page 333
Objective of this Study......Page 334
Theoretical Background......Page 335
Brief Literature Review......Page 336
Innovation......Page 337
Resource-based view......Page 338
The theory of the growth of the firm......Page 340
Dilemma Theory......Page 346
Summary of this section: developing a preliminary framework......Page 349
The case: V2 Technology Inc......Page 350
Reflections on this case......Page 354
Research Design for This 3-Year Research Project......Page 355
References......Page 357
Bridging Universities and Enterprises: A Study on ChineseUniversity Technology Transfer Modes Shichao Li......Page 362
Talk from “The Darwinian Sea”......Page 363
Selection of three modes of Chinese university technology transfer Technology transfer mode......Page 365
Co-operation and participation mode......Page 367
Derived enterprise mode......Page 368
Analysis on Enterprise Adaptability of Three Modes in Practical Level......Page 369
References......Page 371
Session 4 Internationalization and Brand Strategy......Page 372
On the Internationalization of Chinese Brand: The Case of the Shaanxi Blower Group Yongxiu Bai and Hongfang Zhang......Page 374
The Overview of the Research on the Globalization of Brands......Page 375
Exporting products......Page 377
Direct investment in overseas factories......Page 378
Broadening market channel......Page 379
Underlying Factors Affecting on the Choice of Brand Internationalization Mode......Page 380
The feature of technology innovation and maturity level......Page 381
The cultural content of company brands......Page 382
Human resource base and the impact of support functions......Page 383
Impact of key features of the international target market......Page 384
The Case of the Shaangu Group: A Model Brand Internationalization......Page 385
The achievements and characteristics of Shaangu brand building......Page 386
The selection and implementation of its strategic model of brand internationalization......Page 388
Conclusion......Page 389
References......Page 390
Strategies on Brand Internationalization: A Study Based on Business Capability Huiping Ding and Xiaodong Qiu......Page 392
Literature Review......Page 394
Logical Relations Between Business Capabilities and Brand Internalization......Page 395
Business Capability Requirements for Brand Internationalization......Page 396
Resources Allocation for Supporting Brand Internationalization......Page 397
Strategy Development of Brand Internationalization......Page 399
Conclusions......Page 400
References......Page 401
Enterprise Brand Internationalization in China: Challenges and Strategies Wei Zhang......Page 402
Rising entry barriers for brand internationalization......Page 403
Changing modes of brand internationalization......Page 404
Mounting diffi culties faced by China’s brand internationalization......Page 405
The constraints of brand internationalization capacity......Page 406
The Chinese government should focus on talent development......Page 408
The Chinese government must strengthen protection......Page 409
Chief Editor’s Bio......Page 410
Chief Editor’s Bio......Page 412